
Cheap Apartments for Rent in the Willow Lakes Estates Neighborhood of Elgin, IL from $850 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in the Willow Lakes Estates area of Elgin.


Blackhawk Apartment Homes

Hunter Ridge Apartments

Fountain Square

Wing Park Residence

Fox River Crossing

Alfamerica LLC-398 E Chicago St

Crestwood of Elgin

19-25 Walker Pl

591 Hiawatha Dr
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

723-729 N Jefferson St

700 Bode Rd

620 W Highland Ave

61 N Aldine Ave

1254-1256 Robinwood Drive

411 Hamilton Ave

10 N Gifford St

33 Lynch St

255 N Spring St

280 Douglas Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

733 Jefferson Ave

Part of PID: 9813701

70 S Chapel St

327 McClure Ave

1566 Mark Ave

363 Prairie St

350 E Chicago St

919 Jefferson Ave

6 S Union St

1520 Todd Farm Dr
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

120-122 N Spring St

859 Jefferson Ave

River West Commons

Roseanne Apartments

1289 Abbott Dr

Elgin Artspace Lofts - For Artists Only

39 Surrey Dr

Burnham Schoolhouse

Torrey Pines Apartments

Elgin Tower Lofts
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

WC Kimball

Center City Apartments

Buena Vista Towers

1596 Mark Ave

1370 Getzelman Dr

389 Crystal St

831 Bode Rd

1121 Birch Dr

Villages At Canterfield

1900 at Canterfield Apartment Homes
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
Willow Lakes Estates, Elgin, IL Local Guide

How much does it cost to rent an apartment in Willow Lakes Estates?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Willow Lakes Estates Studio Apartments | $2,858 | $850 | $6,000 |
| Willow Lakes Estates 1 Bedroom Apartments | $1,694 | $1,175 | $2,858 |
| Willow Lakes Estates 2 Bedroom Apartments | $2,179 | $1,372 | $3,417 |
| Willow Lakes Estates 3 Bedroom Apartments | $2,722 | $2,200 | $3,653 |
| Willow Lakes Estates 4 Bedroom Apartments | $3,400 | $3,400 | $3,400 |
Browse Apartments in this Neighborhood
There are currently 55 rentals with your search options within a 2 mile radius of the Willow Lakes Estates Neighborhood of Elgin, IL.
See all Apartments in ElginExplore Elgin
Willow Lakes Estates, Elgin, IL Local Guide
- Nearby Elgin neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Willow Lakes Estates Apartments for Rent
 The cheapest available apartment rental in the Willow Lakes Estates area of Chicago, IL is a 2 Beds unit found at 1254-1256 Robinwood Drive priced from $1,450. Wing Park Residence has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,550. Here are the most affordable Willow Lakes Estates apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1254-1256 Robinwood Drive | 1254-1256 Robinwood Drive - 1254-... | 2BR,1BA | $1,450 |
| Wing Park Residence | wp-1bs | 1BR,1BA | $1,550 |
| Blackhawk Apartment Homes | One Bedroom - 723 sqft | 1BR,1BA | $1,640 |
| Villages At Canterfield | Laurel-80% AMI | 2BR,2BA | $2,187 |
| Fountain Square | 2 Bed/ 2 Bath | 2BR,2BA | $2,200 |
| 1900 at Canterfield Apartment Homes | B4- Upper | 2BR,2BA | $2,242 |
Best Value Apartments for Rent in Willow Lakes Estates, IL
As of August 30, 2026 the best value apartment in the Willow Lakes Estates area is the $2.00 price per square foot 2 Bed/ 2 Bath/ Den Model at Fountain Square in the in the College Green neighborhood starting from $2,600. The second greatest value Willow Lakes Estates apartment is the B4- Upper Model at 1900 at Canterfield Apartment Homes starting at $2,242 with a $1.89 price per square foot in the Sandy Creek Estates neighborhood. Here is today’s list of the best values for Willow Lakes Estates apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fountain Square | 2 Bed/ 2 Bath/ Den | 2BR,2.5BA | $2.00 |
| 1900 at Canterfield Apartment Homes | B4- Upper | 2BR,2BA | $1.89 |
| 1254-1256 Robinwood Drive | 1254-1256 Robinwood Drive - 1254-... | 2BR,1BA | $1.32 |
| Villages At Canterfield | Holly | 2BR,2BA | $2.23 |
| Wing Park Residence | wp-1bs | 1BR,1BA | $2.14 |
| Blackhawk Apartment Homes | One Bedroom - 723 sqft | 1BR,1BA | $2.29 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleWillow Lakes Estates, Elgin, IL
Ranked #3
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
This website is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Elgin. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Willow Lakes Estates Apartments
How much is rent for a Cheap One Bedroom Willow Lakes Estates Apartment?
The lowest price for a Cheap One Bedroom Willow Lakes Estates Apartment is $1,550 at Wing Park Residence.
What is the lowest price for a Cheap Two Bedroom Willow Lakes Estates Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Willow Lakes Estates is starting from $1,450 at 1254-1256 Robinwood Drive.
What is the most affordable Willow Lakes Estates Three Bedroom Apartment?
The best deal on a cheap Willow Lakes Estates Three Bedroom Apartment rental is at Villages At Canterfield and starts from $2,600.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Written by: Nicole Harms
When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Written by: Nicole Harms
I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Written by: Nicole Harms
Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.